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The business confidence index (BCI) is based on enterprises’ assessment of production, orders and stocks, as well as its current position and expectations for the immediate future. Opinions compared to a “normal” state are collected and the difference between positive and negative answers provides a qualitative index on economic conditions. The BCI has shown to be a reliable indicator for the business cycle.
Additional Reading
Business and Consumer Confidence Index – February 2018
Trends in Business Intelligence
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